Targeting an upgraded JORC resource of 1.5 Million ounces, the latest drilling program will see the company in a position to commence mining operations planning, for a 20 year operational mine life.
The company has a number of previously mined assets that contain residual gold in oxide, with drilling proving that grades beneath the previously mined pits showing increasing grade with depth.
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About Vango Mining Limited
Vango Mining Limited (ASX:VAN) is an exploration mining company with ambitions of becoming a high-grade WA gold miner by developing the 100% owned Marymia Gold Project (Marymia) located in the mid-west region of Western Australia, consisting of 45 granted mining leases over 300km2.
Marymia has an established high-grade resource of 1Moz @ 3 g/t Au, underpinned by Trident - 410koz @ 8 g/t Au, with immediate extensions open at depth/along strike.
Vango Mining Limited